Carbon dioxide, from a greenhouse gas source, is reacted with hydrogen, developed in an environmentally friendly process, such as from solar energy based electrolysis, to produce a mixture of ethanol and other saleable organic compounds. The ethanol and other saleable organic compounds mixture may contain substantial percentages of methanol, ethanol, and dimethylether in addition to other components which have chemical structures of predominantly carbon and hydrogen or carbon, hydrogen and oxygen. The saleable organic compounds, such as methane, methanol and ethanol may be used as a combustible fuel thus developing a green energy cycle. A portion of the organic compounds may be separated into essentially pure components and used as chemical process feed stocks. The essentially pure organic compounds may be further reacted with suitable chemical compounds to modify said organic compounds. A portion of the organic compounds may be sequestered for long or short time periods by placing them in suitable storage thus providing a mechanism for sequestering carbon dioxide and storing